LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is $2,577,813.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is 186

In 2022, the average participant retirement account value for LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is $13,859

In 2022, the estimated average employee contribution amount per participant for LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is $1,948

In 2022, the estimated average employer match for an employee in LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is approximately $999

In 2022, LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST allocates $185,957 to match its employees’ contributions, providing an employer match rate of 56.29% of their contributions

In 2022, the total retirement plan asset growth rate of LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is 3.45%

In 2022, the estimated aggregate retirement account investment gain/loss for LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is -14.56%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST is 0.10%.

Enrollment Features

LOEWY ENTERPRISES 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.